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Early USD weakness in Asia saw GBPUSD.........>

CABLE
CABLE: Early USD weakness in Asia saw GBPUSD briefly make a show above $1.2900,
but with lack of follow through amid an improving dollar was quick to pare
gains. PM May on her way to Cape Town told journalists on board RAF Voyager that
she believes a no-deal Brexit was still better than a bad deal, adding that a no
deal wouldn't be the end of the world. GBPUSD failed to react and holds either
side of $1.2870. Double-top resistance has now formed around the $1.2900-05
area, bulls need a close above here to change the outlook. Near-term support
seen at $1.2851/39 (50%/61.8% $1.2800-1.2901). EURGBP continues to display
outright bullish signals with the cross printing higher highs, last Gbp0.9068.
Next resistance is seen from the Sep12 2017 high at Gbp0.9083. GBPJPY
comfortably holds above Y143.00, last Y143.16.  

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